FAQ on Stimulus Checks, Unemployment and the Coronavirus Bill
By News
Published 4 years ago on
March 27, 2020
Share
[aggregation-styles]
The New York Times Subscription
Congress has agreed on a $2 trillion economic rescue plan to offer assistance to tens of millions of American households affected by the coronavirus pandemic. Its components include stimulus payments to individuals, expanded unemployment coverage, student loan changes, different retirement account rules and more. President Trump was expected to sign the bill.
Here are the answers to common questions about what’s in the plan. We’ll update this article as we have more answers about the details.
The New York Times Subscription
Congress has agreed on a $2 trillion economic rescue plan to offer assistance to tens of millions of American households affected by the coronavirus pandemic. Its components include stimulus payments to individuals, expanded unemployment coverage, student loan changes, different retirement account rules and more. President Trump was expected to sign the bill.
Here are the answers to common questions about what’s in the plan. We’ll update this article as we have more answers about the details.
Stimulus Payments
How large would the payments be?
Most adults would get $1,200, although some would get less. For every qualifying child age 16 or under, the payment would be an additional $500.
How many payments would there be?
Just one. Future bills could order up additional payments, though.
Read More →
By Tara Siegel Bernard and Ron Lieber | 27 Mar 2020
RELATED TOPICS:
Slumping California Risks Losing World’s ‘5th Largest Economy’ Title
Economy /
4 hours ago
Ukraine Uses Long-Range Missiles Secretly Provided by US to Hit Russian-Held Areas, Officials Say
World /
6 hours ago
Boxing Star Ryan Garcia Wants to Meet Netanyahu, Pledges Aid for Gaza Children
Sports /
7 hours ago
Legislation Pandering to Tribal Casinos Is a Bad Bet for Fresno Cardroom Employees
Opinion /
8 hours ago
About 1 in 4 US Adults Over 50 Say They Expect to Never Retire, an AARP Study Finds
Economy /
9 hours ago
Biden Signs a $95 Billion War Aid Measure With Assistance for Ukraine, Israel and Taiwan
National /
9 hours ago
Latest
Videos
World /
3 hours ago
Police Tangle With Students in Texas and California as Wave of Campus Protest Against Gaza War Grows
Economy /
4 hours ago
Slumping California Risks Losing World’s ‘5th Largest Economy’ Title
World /
6 hours ago
Ukraine Uses Long-Range Missiles Secretly Provided by US to Hit Russian-Held Areas, Officials Say
Sports /
7 hours ago